Multibagger SME stock split record date on Monday. Last day to buy for eligibility
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After gaining over 4,400% from its IPO issue price of Rs 75, Bondada Engineering, which listed on the BSE SME in August 2023, will start trading ex-split from the upcoming Monday. The company had announced a stock split earlier in July, in a ratio of 1:5, and set September 2 as the record date for this purpose. This means that today is the last day to buy shares of the company to be eligible for the stock split. “We would like to inform you that the board of directors of the Company (“Board”) at its meeting held today i.e., Monday, July 15, 2024, has inter-alia considered and approved the following matters: Considered and approved the sub-division/split of existing 1 (One) equity share of the Company having a face value of Rs. 10/- (Rupees Ten only) each, fully paid-up, into 5 (Five) equity shares having a face value of Rs. 2/- (Rupees Two only) each, fully paid-up, subject to shareholder’s approval,” said the company in a previous filing...